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Additional Financial Indicators Tool InformationCIC’s Financial Indicators Tool (FIT) is distinctive in two ways.
First, it utilizes publicly available data from the U.S. Department of
Education’s Integrated Postsecondary Education Data System (IPEDS),
as well as IRS Form 990s obtained from GuideStar. The use of these public
sources precludes the necessity of requiring each CIC member institution
to submit six years of audited financial statements. Second, the FIT provides
nationally normed comparisons similar to those in CIC’s Key Indicators
Tool (KIT). CIC’s FIT is the first financial benchmarking tool to
provide national comparisons for any group of American colleges and universities. For questions about the FIT, contact CIC Director of Research
Hal Hartley, at (202) 466-7230. |
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Copyright ©1997-2008 Council of Independent Colleges. All rights reserved. |